KING, JOHN EDWARD

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263472District 09Field 65280200GasSaveExport
Value, all time
$4.1 M
Nov 2011 – May 2026
Value, last 12 filed months
$129 k
at the published price for each month
Months reported
175
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction1,235,202 Mcf$4,132,843
Total$4,132,843

Every month this lease reported (175)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

175 months

May 20262,608106.413.05$7,944
Apr 20263,10298.932.87$8,902
Mar 20263,10489.753.15$9,776
Feb 20262,65363.503.75$9,950
Jan 20262,73359.138.00$21,858
Dec 20252,83956.664.41$12,530
Nov 20252,61658.593.93$10,272
Oct 20253,21159.383.30$10,612
Sep 20252,39762.743.08$7,375
Aug 20253,32963.933.01$10,036
Jul 20253,26066.743.32$10,808
Jun 20252,91166.483.13$9,108
May 20253,02960.553.23$9,791
Apr 20252,75662.363.54$9,765
Mar 20253,13067.704.27$13,360
Feb 20252,36270.884.34$10,253
Jan 20252,93374.324.28$12,549
Dec 20242,98668.993.12$9,320
Nov 20243,06969.052.20$6,747
Oct 20243,28871.372.28$7,501
Sep 20243,02969.612.36$7,162
Aug 20243,35375.632.06$6,919
Jul 20243,26479.932.15$7,006
Jun 20241,90278.082.63$5,010
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 202468276.091.78$1,216
Jan 20242,78673.023.30$9,187
Dec 20232,68671.262.61$7,012
Nov 20232,51077.892.81$7,047
Oct 20233,33885.443.09$10,305
Sep 20232,78489.042.74$7,614
Aug 20233,55980.522.67$9,513
Jul 20234,27274.852.64$11,286
Jun 20232,57768.962.26$5,820
May 20234,05070.622.23$9,021
Apr 20233,87678.122.24$8,674
Mar 20234,18472.852.39$10,013
Feb 20233,99175.112.47$9,841
Jan 20233,93976.533.39$13,344
Dec 20224,26576.415.73$24,435
Nov 20224,29085.005.65$24,222
Oct 20224,78087.185.86$28,029
Sep 20224,75984.888.16$38,851
Aug 20223,20694.529.13$29,262
Jul 20223,620101.587.54$27,302
Jun 20224,013115.097.98$32,013
May 20224,064109.378.43$34,272
Apr 20222,796104.226.84$19,118
Mar 20223,611108.885.08$18,331
Feb 20223,33391.054.86$16,195
Jan 20223,44981.844.54$15,650
Dec 20213,60671.323.90$14,060
Nov 20213,58477.435.24$18,769
Oct 20213,93079.795.71$22,456
Sep 20218,97069.865.35$47,998
Aug 202111,82466.024.22$49,904
Jul 20213,20370.783.98$12,755
Jun 20213,34869.493.38$11,318
May 20213,84663.483.02$11,606
Apr 20213,54260.362.76$9,770
Mar 20213,38861.302.72$9,205
Feb 20213,77057.805.55$20,916
Jan 20213,51250.412.81$9,870
Dec 20203,61944.642.68$9,682
Nov 20203,20438.772.71$8,672
Oct 20202,56336.972.48$6,352
Sep 20202,29237.091.99$4,563
Aug 20203,88939.982.39$9,276
Jul 20204,76838.371.83$8,702
Jun 20204,57534.901.69$7,733
May 20204,63316.921.81$8,408
Apr 20204,41914.751.80$7,974
Mar 20204,67130.341.86$8,670
Feb 20204,31949.881.98$8,555
Jan 20204,83657.252.09$10,130
Dec 20194,97859.012.30$11,471
Nov 20195,09255.302.75$14,007
Oct 20195,18753.472.42$12,545
Sep 20195,42255.052.66$14,408
Aug 201910,70453.112.30$24,666
Jul 20198,67056.272.46$21,329
Jun 20196,30852.782.49$15,714
May 20192,58458.482.74$7,081
Apr 20194,66362.632.75$12,827
Mar 20195,07956.803.06$15,552
Feb 20192,68550.852.79$7,497
Jan 20194,77946.033.23$15,427
Dec 20186,27346.594.19$26,255
Nov 20184,92252.934.24$20,856
Oct 20184,62661.443.40$15,720
Sep 201887359.543.11$2,713
Aug 20182,39959.403.07$7,357
Jul 20182,66365.142.93$7,808
Jun 20182,88060.183.08$8,862
May 20182,95165.382.90$8,560
Apr 20183,72163.842.90$10,794
Mar 20184,62961.222.79$12,900
Feb 20184,15961.782.77$11,504
Jan 20183,47762.874.01$13,940
Dec 20173,49557.272.92$10,211
Nov 20173,43155.423.12$10,699
Oct 20173,14649.292.98$9,387
Sep 20173,22647.523.09$9,960
Aug 20173,34045.373.00$10,035
Jul 20173,68343.873.09$11,370
Jun 20173,25942.493.09$10,061
May 20173,19945.373.26$10,440
Apr 20173,77247.933.21$12,114
Mar 20174,23646.772.98$12,639
Feb 20173,28350.452.95$9,693
Jan 20173,37649.413.42$11,542
Dec 20163,45948.763.72$12,877
Nov 20163,49042.492.64$9,229
Oct 20163,72346.193.09$11,505
Sep 20163,57341.553.10$11,079
Aug 20163,84141.442.92$11,232
Jul 20163,71241.622.92$10,855
Jun 20165,20745.352.69$13,985
May 20165,12842.521.99$10,210
Apr 20165,26636.561.99$10,485
Mar 20165,19833.011.79$9,325
Feb 20164,96126.472.06$10,238
Jan 20166,88127.352.36$16,269
Dec 20159,14432.362.00$18,301
Nov 20158,49638.792.17$18,414
Oct 20158,97943.552.43$21,788
Sep 20155,17642.992.76$14,278
Aug 20153,42640.162.87$9,841
Jul 20156,98848.152.95$20,580
Jun 20157,19356.152.88$20,736
May 20157,41555.212.96$21,915
Apr 20157,10849.822.71$19,238
Mar 20159,01442.892.93$26,453
Feb 20158,21744.662.98$24,455
Jan 20159,99243.433.10$30,981
Dec 201410,43654.693.59$37,479
Nov 20149,27070.464.25$39,415
Oct 201410,16078.303.90$39,634
Sep 20149,83486.164.05$39,783
Aug 201410,46089.394.04$42,207
Jul 201410,39696.564.18$43,451
Jun 20149,59798.164.74$45,460
May 20149,51794.734.73$44,983
Apr 201410,88395.944.81$52,338
Mar 201411,95595.895.06$60,454
Feb 201410,45597.406.19$64,737
Jan 201412,44790.404.86$60,501
Dec 201312,35891.824.35$53,813
Nov 201313,18788.853.74$49,297
Oct 201313,38297.423.78$50,575
Sep 201313,245104.113.72$49,241
Aug 201315,448104.253.52$54,417
Jul 201315,361102.523.72$57,108
Jun 201315,68094.403.93$61,676
May 201316,80594.834.15$69,725
Apr 201317,72193.964.28$75,892
Mar 201314,38693.623.91$56,291
Feb 201312,55091.233.42$42,920
Jan 201319,95991.603.42$68,258
Dec 201219,10386.773.42$65,335
Nov 201212,64986.953.62$45,852
Oct 201213,85789.383.40$47,109
Sep 201217,65594.672.92$51,524
Aug 201219,59292.662.91$56,977
Jul 201221,87085.133.02$66,065
Jun 201222,57979.822.52$56,877
May 201226,07091.612.49$64,871
Apr 201228,538101.652.00$56,985
Mar 201233,559105.052.22$74,571
Feb 201230,140101.102.57$77,467
Jan 201237,61298.092.73$102,834
Dec 201149,66996.873.24$160,915
Nov 201134,46595.723.31$114,123

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Gas                2,608 Mcf  × $  3.05 =     $7,944

────────────────────────────────────────────────────
Month total                                   $7,944

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/263472 is the state's own key, not one this site invented.